Amino-resins3909 (Harmonized System 1992 for 4-digit)
World Trade (2018): $19B, Rnk 193 / 1225
Top Exporter (2018): $3.22B, Germany
Top Importer (2018): $1.6B, China
Product Complexity (2018): 1.25, Rnk 92 / 1018
Export Growth (CAGR)(2017 - 2018): 15.2%, Rnk 509 / 1225
Mean Tariff (2018): 5.49%, Rnk 753 / 1259
Share of World Trade (2018): 0.1%, Rnk 193 / 1225
Overview: This page contains the latest trade data of Amino-resins. In 2018, Amino-resins were the world's 193rd most traded product, with a total trade of $19B. Between 2017 and 2018 the exports of Amino-resins grew by 15.2%, from $16.5B to $19B. Trade in Amino-resins represent 0.1% of total world trade.
Exports: In 2018 the top exporters of Amino-resins were Germany ($3.22B), China ($2.22B), Belgium-Luxembourg ($1.73B), United States ($1.69B), and Netherlands ($1.32B).
Imports: In 2018 the top importers of Amino-resins were China ($1.6B), Germany ($1.43B), United States ($1.04B), Netherlands ($869M), and Italy ($818M).
Tariffs: In 2018 the average tariff for Amino-resins was 5.49%, making it the 753rd lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Amino-resins are Bahamas (33%), Bermuda (25%), Pakistan (17.5%), Maldives (17.2%), and Romania (14.7%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Zambia (0%), Hong Kong (0%), and Lebanon (0%).
Ranking: Amino-resins ranks 92nd in the Product Complexity Index (PCI).
Description: Amino-resins are typically used in the production of adhesives, as they are soluble in water. Phenolic resins are used in the production of paints and varnishes, as they are fire resistant. Polyurethanes are used in the production of flexible materials, like foams and sponges.
Trade By Country
Amino-resins are the world's 193rd most traded product.
In 2018, the top exporters of Amino-resins were Germany ($3.22B), China ($2.22B), Belgium-Luxembourg ($1.73B), United States ($1.69B), and Netherlands ($1.32B).
In 2018, the top importers of Amino-resins were China ($1.6B), Germany ($1.43B), United States ($1.04B), Netherlands ($869M), and Italy ($818M).
Trade by country
Top Origin Growth (2017 - 2018): Saudi Arabia, $456M
Top Destination Growth (2017 - 2018): Canada, $232M
Between 2017 and 2018, the exports of Amino-resins grew the fastest in Saudi Arabia ($456M), China ($407M), Belgium-Luxembourg ($356M), United States ($309M), and South Korea ($150M).
Between 2017 and 2018, the fastest growing importers of Amino-resins were Canada ($232M), Germany ($219M), Vietnam ($207M), Netherlands ($170M), and India ($158M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Amino-resins.
In 2018, market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Amino-resins are explained by 20 countries.
This map shows which countries export or import more of Amino-resins. Each country is colored based on the difference in exports and imports of Amino-resins during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Amino-resins were Germany ($1.79B), Belgium-Luxembourg ($1.21B), Japan ($733M), South Korea ($698M), and United States ($642M).
In 2018, the countries that had a largest trade value in imports than in exports of Amino-resins were India ($577M), Vietnam ($550M), Canada ($519M), Mexico ($470M), and France ($422M).
In 2018, the world most traded Amino-resins, disaggragated by their HS6 level were Amino-resins nes, in primary forms ($7.56B), Polyurethanes in primary forms ($7.51B), Phenolic resins, in primary forms ($2.16B), Urea resins, thiourea resins, in primary... ($1.1B), and Melamine resins, in primary forms ($693M)
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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